Jerash Holdings (US) (NASDAQ:JRSH) Issues Quarterly Earnings Results, Beats Expectations By $0.13 EPS

Jerash Holdings (US) (NASDAQ:JRSH) issued its earnings results on Monday. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.13, Zacks reports. Jerash Holdings (US) had a net margin of 1.18% and a return on equity of 2.86%.

Here are the key takeaways from Jerash Holdings (US)’s conference call:

• Jerash reported record full-year revenue and a strong fiscal Q4, with fourth-quarter revenue up 46.6% year over year to $42.9 million and net income rising to $1.7 million from a prior-year loss.
• The company said demand remains strong from its longtime key customer and newer accounts such as Hansol Group, with follow-on orders already received and facilities now fully booked through December 2026.
• Management highlighted a phased, capital-efficient expansion plan that should lift production capacity by about 15% by end-2026, with an additional 20% to 25% expected by mid-2027.
• Operating performance improved meaningfully as operating expenses fell to 11.7% of revenue from 16.4% a year ago, helping operating income more than quintuple despite a slightly lower gross margin.
• For fiscal Q1 2027, Jerash guided for revenue growth of 20% to 22% year over year and a gross margin target of 15% to 17%, while the board also approved a quarterly dividend of $0.05 per share.

Jerash Holdings (US) Stock Performance

JRSH stock traded up $0.58 during midday trading on Monday, reaching $4.04. 29,975,417 shares of the company were exchanged, compared to its average volume of 327,860. The company has a market cap of $51.26 million, a price-to-earnings ratio of 28.46 and a beta of 1.11. Jerash Holdings has a 1-year low of $2.85 and a 1-year high of $5.47. The stock’s 50-day simple moving average is $3.32 and its 200 day simple moving average is $3.17.

Jerash Holdings (US) Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Thursday, May 14th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, May 14th. This represents a $0.20 dividend on an annualized basis and a yield of 5.0%. Jerash Holdings (US)’s dividend payout ratio (DPR) is presently 133.33%.

Institutional Investors Weigh In On Jerash Holdings (US)

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new stake in Jerash Holdings (US) in the second quarter valued at $50,000. Dimensional Fund Advisors LP grew its holdings in shares of Jerash Holdings (US) by 3.6% during the third quarter. Dimensional Fund Advisors LP now owns 90,898 shares of the company’s stock worth $302,000 after purchasing an additional 3,136 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Jerash Holdings (US) by 35.7% during the third quarter. Citadel Advisors LLC now owns 41,450 shares of the company’s stock worth $138,000 after purchasing an additional 10,912 shares during the last quarter. Susquehanna International Group LLP increased its position in shares of Jerash Holdings (US) by 70.6% during the third quarter. Susquehanna International Group LLP now owns 269,014 shares of the company’s stock worth $893,000 after purchasing an additional 111,359 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Jerash Holdings (US) by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 63,541 shares of the company’s stock worth $194,000 after purchasing an additional 4,528 shares in the last quarter. 3.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Jerash Holdings (US) to a “hold” rating in a report on Saturday, May 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Jerash Holdings (US) in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Jerash Holdings (US) currently has an average rating of “Moderate Buy” and an average price target of $4.00.

Jerash Holdings (US) Company Profile

Jerash Holdings (NASDAQ:JRSH) is a global designer, manufacturer and marketer of intimate apparel, sportswear and swimwear. Founded in 1994 in the Jerash special economic zone of Jordan, the company has built a vertically integrated production model that spans product design, raw material sourcing, fabric printing, sewing and finishing. By controlling each stage of the manufacturing process, Jerash maintains strict quality standards and achieves competitive lead times for its apparel collections.

Operating state-of-the-art facilities in Jordan with a workforce of more than 10,000 employees, Jerash produces both proprietary brands and private-label merchandise for major retailers.